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Level 1

How does one add a new expense account?

i want to create a new expense account called "staff welfare" for expenses not related to sales, but rather general expenses such as meals, refreshments, etc.
2 Comments 2
QuickBooks Team

How does one add a new expense account?

It's our pleasure to have you here today, @nicolette1.


To create a new expense account inside QuickBooks Online (QBO), you'll want to go to the Transactions tab and select Chart of accounts. We'll be happy to write down the steps and provide a visual reference to help you accomplish the task:


  1. Access your QuickBooks Online company.
  2. On the left navigational bar, go to the Transaction tab.
  3. Select Chart of accounts and then click the New button.
  4. In the Account Type section, choose Expense and complete the necessary fields.
  5. Once you're ready, click the Save and Close button.


You can check the screenshot attached for visual reference.






Also, you can check these articles to know more about how to manage accounts in your COA, manage bank transactions, and reconcile an account inside QBO:



@nicolette1, we look forward to having you here again if you need assistance managing accounts inside QuickBooks or goals you'd like to perform inside the program. Have a nice day.

Level 1

How does one add a new expense account?

Thank you very much. What should I select under detail for a "Staff welfare"expense account? (expenses related to the well-being and support of a company's employees. This account typically includes costs for activities, programs, or benefits aimed at improving employee satisfaction, health, and morale).